
Oakland, California 94603
This Turnkey Residential Income Triplex is listed at $815,000—positioned below the $819,500 Fair Market Value by 1%. This valuation provides $4,500 in Instant Equity for the buyer. Boasting an Excellent Condition Rating after extensive renovations from 2021 to 2025, the property features modern kitchens, stone countertops, and in-unit laundry hookups. With a projected $7,300 monthly gross income, the asset offers a superior price-to-rent ratio and immediate cash flow. This stabilized property is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2100 94th Avenue Subject | $815,000* List Price | 0 | 0 | 1,754 | $467 | - |
A 1624 96th Ave Sold | $915,000 | 0 | 0 | 0 | 0.3 mi | |
B 2100 2100 94th Ave Active | $830,000 List Price | 0 | 0 | 1,754 | $473 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1950, the property has undergone extensive renovations across all three units between 2021 and 2025, qualifying it for an excellent rating. The interiors feature modern kitchens with stainless steel appliances, stone countertops, and updated cabinetry, along with refinished hardwood flooring, new light fixtures, and updated bathrooms. The exterior and major systems, including the roof, appear well-maintained with no visible deferred maintenance.
All three units have been recently updated between 2021 and 2025, featuring modern kitchens and bathrooms that minimize immediate capital expenditure for the buyer.
With a projected gross monthly income of approximately $7,300 against an $815,000 list price, the property offers an excellent price-to-rent ratio and immediate income from day one.
The inclusion of in-unit laundry hookups and dedicated gated driveway parking for every unit significantly increases tenant retention and marketability in the East Oakland area.
The lack of fully separated meters for two of the units complicates billing and may result in higher owner-paid utility expenses or the need for a RUBS implementation.
The third unit is a converted garage, which can sometimes present challenges with appraisal valuations and may offer less traditional living space compared to the primary residential structures.
Excellent investment opportunity in quiet East Oakland neighborhood! This income-producing triplex (duplex + converted garage) offers strong rental upside with two tenant-occupied units on month-to-month leases and one vacant unit ready for immediate lease-up. All three units feature updated kitchens and bathrooms and include in-unit laundry hookups for added tenant appeal. Each Unit also have their own Driveway parking spot with driveway gates for security. The unit mix includes a 2-bed, 1-bath unit at approximately 800 square feet renting for $2,525 and renovated in 2021, a second 2-bed, 1-bath unit at approximately 800 square feet renting for $2,600 and renovated in 2023, and a converted garage unit offering 2 bedrooms and 1 bath at approximately 760 square feet, renovated in 2025, currently vacant with estimated market rent of $2,175. Utilities are partially separated with 2100 94th on its own meter, while 9412 Sunnyside and the garage unit share a meter. A rare opportunity to acquire a stabilized asset with immediate income potential and long-term appreciation upside. (Photos shown vacant, but 2 units tenant-occupied). Don't miss 1636 101st Ave, Oakland, which is a healthy income-producing duplex which is owned by the same seller.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,754 | 2,522.5 | 17% |
| Lot Size | 6,429 | 6,714.5 | 50% |
| Price | $815.0K | $795.0K | 50% |
| Price per sq ft | $465 | $305 | 83% |
| Built year | 1950 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 174 | 17% |
Apr 4, 2026
$815,000
Initial Listing
Apr 26, 2021
$770,000
Public Record
Sep 4, 2019
$435,000
Public Record
Apr 11, 1995
$30,000
Public Record